All junior explorers have big ambitions. Can someone tell me what misinformation you believe that I have posted that has made the share price go down?
Here you might say is more. From my experience in makers for over 30 years, a company will put out announcements before drilling results to keep the share price stable. Sometimes it works, sometimes it doesn’t.
There will be holders of M4M that have expectations. Some understand geology and some don’t. The ones that do understand will dump if those results are not what it expected. Others will stay put because they don’t want to realise a real loss in the hope that the share price will bounce back. They will also buy on the way down essentially giving liquidity to those wanting out.
Be careful of the upcoming results that could possibly say “spectacular”, “massive”, “outstanding”,” exceptional”, “brilliant”and just generally positive adjectives. These adjectives are used by many companies to create excitement to the average Joe Blow. The ones that really understand will get out straight away to preserve whatever they have left.
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M4M
macro metals limited
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Time to drill the monster., page-172
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Last
0.9¢ |
Change
0.000(0.00%) |
Mkt cap ! $35.79M |
Open | High | Low | Value | Volume |
0.9¢ | 0.9¢ | 0.8¢ | $18.28K | 2.100M |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
1 | 27630 | 0.9¢ |
Sellers (Offers)
Price($) | Vol. | No. |
---|---|---|
1.0¢ | 2273462 | 6 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
1 | 27630 | 0.009 |
14 | 9195612 | 0.008 |
6 | 2672807 | 0.007 |
7 | 4071681 | 0.006 |
2 | 2098008 | 0.005 |
Price($) | Vol. | No. |
---|---|---|
0.010 | 2273462 | 6 |
0.011 | 1841111 | 4 |
0.012 | 6017322 | 9 |
0.013 | 1360000 | 4 |
0.014 | 131700 | 1 |
Last trade - 14.37pm 25/06/2025 (20 minute delay) ? |
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M4M (ASX) Chart |